About HMT Machine Tools Limited
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HMT Machine Tools Limited is a public limited union government company based in Bangalore, Karnataka, India, a subsidiary of H.M.T. Limited. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 09 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U02922KA1999GOI025572. Its GSTIN is 29AAACH9412J1ZE (Karnataka). The company holds 16 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹800 Cr and a paid-up capital of ₹719.6 Cr. It is led by directors including Rajesh Kohli (Managing Director) and Renuka Mishra.
Its last annual general meeting (AGM) was held on 30 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.59 Bellary Road, Bangalore, Karnataka, India – 560032.
As per the financials filed for FY 2024, the company reported a revenue of ₹131.32 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹155.24 Cr (net margin -118.2%) and EBITDA of -₹65.7 Cr (EBITDA margin -50%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 11% over five years.
The company has about 141 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹129.72 Cr and satisfied charges of ₹118.47 Cr on record. Court records list 1,089 cases involving the company, including 384 filed by the company and 705 filed against it; 145 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hmtmachinetools.com.
Company details
CIN history
HMT Machine Tools has one previous CIN (Corporate Identification Number): U02922KA1999PLC025572. The current CIN is U02922KA1999GOI025572, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U02922KA1999GOI025572 | Current |
| U02922KA1999PLC025572 | Previous |
Contact details
HMT Machine Tools Limited's registered office is in Bangalore, Karnataka. Its website is hmtmachinetools.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.59 Bellary Road, Bangalore, Karnataka, India – 560032
- IndustryMachinery and Equipment, Industrial Machine Tools, Process Machinery & Industrial Equipment
To see the full contact details of HMT Machine Tools Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of HMT Machine Tools is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of HMT Machine Tools Limited, buy the company report.
Financials of HMT Machine Tools Limited
FY 2024 filings availableHMT Machine Tools Limited reported revenue of ₹131.32 Cr (down 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 25% fall in the latest year. EBITDA fell 58% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹65.7 Cr | ||||
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| Net Profit (PAT) | -₹155.24 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -50% | ||||
| Net Profit Margin | -118.2% | ||||
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To see the full financial statements and ratios of HMT Machine Tools Limited, buy the company report.
Board of directors of HMT Machine Tools Limited
HMT Machine Tools has 3 current directors and 47 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Kohli Also directs: Raichur Power Corporation Limited | Managing Director | 05 Apr 2024 | 2 Years 6 Months | Current |
| Renuka Mishra | Nominee Director | 23 Jul 2024 | 2 Years 3 Months | Current |
| Prem Chandra Maurya Also directs: H.M.T. Limited, Bridge & Roof Co (India) Ltd, H.M.T. (International) Limited and 2 more | Additional Director | 17 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
HMT Machine Tools Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Machine Tools, Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| HMT Machine Tools Limitedthis company | ₹131.32 Cr (FY 2024) | -₹155.24 Cr | -118.2% | -25.0% | 141 | Bangalore, Karnataka, India |
| Mold-Masters Technologies Private Limited | ₹130.45 Cr (FY 2016) | 22.0% | Coimbatore, Tamil Nadu, India | |||
| SKF Boilers and Driers Private Limited | ₹130.27 Cr (FY 2025) | 7.0% | Mangalore, Karnataka, India | |||
| HSF Food Pro-Tech Private Limited | ₹129.08 Cr (FY 2025) | 1.0% | Sirsa, Haryana, India |
To see the full peer comparison of HMT Machine Tools Limited, buy the company report.
Auditor
HMT Machine Tools Limited is audited by R.VENKATA KRISHNA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.VENKATA KRISHNA & CO | FY 2023 | 004605S |
Shareholding
The shareholding of HMT Machine Tools Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of HMT Machine Tools Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Aug 2005 | 90193033 | Punjab National Bank | ₹7 Cr | Open | |
| 20 Jan 2004 | 80019785 | Uco Bank | ₹122.72 Cr | Open | |
| 10 Feb 2021 | 100416479 | Others | ₹88 Lakh | Satisfied | |
| 19 Oct 2020 | 100393954 | Uco Bank | ₹5.62 Cr | Satisfied | |
| 18 Mar 2004 | 90196226 | Uco Bank | ₹15 Cr | Satisfied |
To see the full charge records of HMT Machine Tools Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
HMT Machine Tools Limited has 1,089 court cases on record: 384 filed by HMT Machine Tools, 705 filed against it. 145 cases are pending and 944 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 997 | 645 | 130 |
| District courts | 86 | 57 | 12 |
| Supreme Court | 6 | 3 | 3 |
Cases on record (5 of 1,089)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Mahindra and Mahindra Limited | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against H.M.T. Limited and 1 other | Pending |
| High Court for State of Telangana | Writ petition | Filed by the company against Southern Power Distribution Company of Telangana Limited | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against M/S Gail Gas Limited and 1 other | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by Indian Oil Corporation Ltd., | Disposed |
To see the full case history of HMT Machine Tools Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
HMT Machine Tools Limited was last rated by Care on 05 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Jan 2022 |
To see the full credit ratings and regulatory alerts of HMT Machine Tools Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for HMT Machine Tools Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
HMT Machine Tools Limited has a workforce of 141 employees on its EPFO records as of Apr 03, 2024, across 2 active EPFO establishments.
GST
HMT Machine Tools has 16 GST registrations: 13 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACH9412J1ZE | Karnataka | Active | 01 Jul 2017 |
| 29AAACH9412J2ZD | Karnataka | Active | 26 Jul 2017 |
| 29AAACH9412J1DN | Karnataka | Active | 09 Jan 2019 |
| 29AAACH9412J2DM | Karnataka | Active | 02 Jun 2025 |
To see the full GST registrations and return filing status of HMT Machine Tools Limited, buy the company report.
Recent activity
HMT Machine Tools Limited has 48 board changes on record since 2007: 4 appointments and 44 cessations. The latest: Prem Chandra Maurya was appointed as Additional Director on 17 Jul 2025.
52 earlier events are in the company report.
Frequently asked questions
HMT Machine Tools is an active public limited union government company based in Bangalore, Karnataka, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 09 August 1999 (27+ years old) and is registered under CIN U02922KA1999GOI025572.
HMT Machine Tools has 3 current directors:
- Rajesh Kohli - Managing Director
- Renuka Mishra - Nominee Director
- Prem Chandra Maurya - Additional Director
The latest financial statements of HMT Machine Tools on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 October 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of HMT Machine Tools is 29AAACH9412J1ZE, registered in Karnataka. The company has 16 GST registrations in all, of which 13 are active and 3 are cancelled or inactive. Other active GSTINs include 29AAACH9412J2ZD (Karnataka), 29AAACH9412J1DN (Karnataka), 29AAACH9412J2DM (Karnataka).
The CIN (Corporate Identification Number) of HMT Machine Tools is U02922KA1999GOI025572. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HMT Machine Tools has 1,089 court cases on record: 384 filed by the company and 705 filed against it. 145 are pending. Most are in the high courts.
HMT Machine Tools was incorporated on 09 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of HMT Machine Tools by revenue are Mold-Masters Technologies Private Limited, SKF Boilers and Driers Private Limited, HSF Food Pro-Tech Private Limited, all in the Machinery and Equipment industry (Machine Tools, Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Prem Chandra Maurya was appointed as Additional Director on 17 Jul 2025. Rajesh Kohli ceased to be Additional Director on 29 Oct 2024. Renuka Mishra was appointed as Nominee Director on 23 Jul 2024. HMT Machine Tools has 48 board changes on record in total.
HMT Machine Tools can be reached through the website hmtmachinetools.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of HMT Machine Tools is at No.59 Bellary Road, Bangalore, Karnataka, India – 560032.